Ratchet could appear on Lady Gaga’s new album ARTPOP (Picture: Reuters)

It promises to be a monster collaboration and now a short clip of Ratchet – rumoured to be by Beyonce, Lady Gaga, Rihanna and Azealia Banks – has leaked online.

Speculation is rife that the four divas have teamed up to record a new song and now a 24-second snippet of Rachet has emerged online.

Azealia Banks has already been confirmed to feature on the track, which is produced by Lady Gaga’s long-term collaborator DJ White Shadow.

The rapper told Brazil’s Mix TV of the collaboration: ‘I worked with Lady GaGa, but I worked with Lady GaGa from afar. We worked via email and via Internet. We have a song called Red Flame and a song called Ratchet, but I don’t know what she’s doing with it. She’s going to release it when she wants to release it.’

Beyonce is rumoured to be appearing on the new track (Picture: AP)

Beyonce sparked speculation that she also featured on the track after posting a photo on her Instagram account of her wearing gold hoop Ratchet earrings.

Gaga has previously said that the follow-up to her duet with Beyonce, Telephone, will be on her forthcoming album, ARTPOP.

Rihanna is also rumoued to be involved; the S&M singer frequently uses ratchet as a hashtag on her Twitter profile as the word is slang for rowdy and out of control.

Last year, RiRi posted lyrics from Gaga’s hit song Paparazzi with the hashtag ratchet.

Photographer Steven Klein, who worked on Gaga’s Alejandro video, tweeted the star in December and Rihanna on the same day talking about a ‘secret project’.